See the 8k. http://filings.irdirect.net/data/14

Quote:

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Item 8.01: Repurchase and De-Authorization of Common and Preferred Shares of the Company

Trans-Pacific Aerospace Company, Inc. establishing a stock repurchase plan under which up to 75% of TPAC’s outstanding common stock shall be repurchased over a period of up to 36 months. Shares may be repurchased from time-to-time in open market transactions at prevailing market prices, in privately negotiated
transactions or by other means in accordance with federal securities laws, including Rule 10b5-1 programs. The actual timing, number and value of shares
repurchased will be determined by TPAC’s management team and will depend on a number of factors, including the market price of TPAC’s common stock,
general market and economic conditions and other corporate considerations. Once repurchased, the shares will be retired from the outstanding shares and the
number of authorized shares will be reduced. TPAC also intends to reduce or eliminate the number of Series A preferred shares, through repurchase and
retirement.


Payment for shares repurchased under the program will be funded using profits from its regenerative source (the company's Master Regenerative Virtual Bank
investment tool, an Alternative Financial Solution) and from profits derived from the sale of aerospace and other machined metal parts, export/import
transactions, services agreements and financing and other transactions.

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